Apollo Commercial Real Estate Finance PE ratio ARI

Share price divided by earnings per share over the last twelve months, since 2012.

Today, Oct 23, 2026: 8.0×
10-year median: 11.9×
Against its 10-year history: 12th; percentile: 0 is its lowest day, 100 its highest
10-year range: 3.8× to 374×
Peer median: 22.4×

Apollo Commercial Real Estate Finance's PE ratio is 8.0× as of Oct 23, 2026: a share price of $6.42 against $0.80 of earnings per share over the last twelve months.

That is below its ten-year median of 11.9×, lower than on 88% of days in the last ten years.

Over that time it ranged from 3.8× in Apr 2020 to 374× in Apr 2021.

The median for 10 specialty REITs of a similar size is 22.4×.

PE ratio over time

median 11.9×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	8.0×	7.8×	13.8×
2025	11.2×	11.0×	11.4×
2024	110×	34.6×	132×
2023	12.0×	5.2×	14.1×
2022	5.8×	5.8×	11.7×
2021	9.4×	9.3×	374×
2020	48.6×	3.8×	121×
2019	14.6×	11.4×	14.6×
2018	11.3×	9.7×	12.7×
2017	10.1×	8.4×	12.9×
2016	12.0×	9.2×	17.9×
2015	10.3×	9.2×	10.7×
2014	10.1×	9.8×	14.6×
2013	14.3×	9.2×	14.6×
2012	8.7×	8.5×	11.2×

Against its peers

Companies in REIT - Specialty nearest Apollo Commercial Real Estate Finance's size, closest first, today.

Company	PE ratio
ARIApollo Commercial Real Estate Finance	8.0×
SAFESafehold	6.9×
CTOCTO Realty Growth	14.5×
BFSSaul Centers	30.3×
CSRCenterspace	45.6×
ADAMAdamas Trust	4.6×
MFAMFA Financial	6.5×
PSTLPostal Realty Trust	40.6×
CLDTChatham Lodging Trust	175×
DEAEasterly Government Properties	113×
PMTPennyMac Mortgage Investment Trust	5.0×
Peer median	22.4×

Where Apollo Commercial Real Estate Finance ranks

What the PE ratio tells you

Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.

Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.

More on Apollo Commercial Real Estate Finance

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.